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Market News

Location American Market News for 1 July 2024

Nasdaq Hits Record to Kick Off the Second Half

Wall Street Journal - 2 Jul 2024 00:27
The tech-heavy index advanced 0.8% to its 21st record close of the year. The S&P 500 added 0.3%, which was just shy of its high reached last month.
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Axis Bank and Piramal Finance join forces for co-lending business; details here Axis Bank and Piramal Finance's recent partnership aims to boost financial inclusion for underserved borrowers, facilitate easier access to credit for MSMEs to foster business growth.
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Chewy Stock Soars After 'Roaring Kitty' Discloses 6.6% Stake

Wall Street Journal - 1 Jul 2024 16:13
Keith Gill disclosed the stake in the online pet-products retailer days after posting a photo of a dog on his X account.
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Planning to buy health insurance? Here are 10 changes you must be aware of IRDAI introduces key rule changes to empower policyholders in health insurance, including reducing cancellation charges, specifying procedures for no-claim bonus, and enhancing claim-settlement transparency.
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Companies selling everyday goods from food to paper towels say lower-income consumers are struggling, but others are spending freely.
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FEMA compliance and tax tips for spousal gifts in India From an Indian income tax perspective, amounts received by the wife from her husband, by way of gift, are exempt as they are received from a specified relative.
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The Mouse House Sets Sail With Timely Cruise Expansion

Wall Street Journal - 1 Jul 2024 13:30
New vessels will double Disney's cruise business just as its theme parks face challenges.
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French Markets, Euro Rally After First Round of Elections

Wall Street Journal - 1 Jul 2024 12:46
French stock markets, government bonds and the euro rallied on expectations of a French cross-party alliance to deny the far-right an overall majority in the second round of the elections.
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Budget may hike tax on F&O trading. Here's what it could mean The finance ministry may classify profits from F&O trades under income from speculative business.Budget may announce a higher tax rate of 30% to profits from derivatives trade
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New to stock markets? Sebi's certification exam is your first step in investing This online exam will help enhance investors' understanding of the investment process and the associated risks in the securities market, Sebi said
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Budget 2024: Will Nirmala Sitharaman address HRA exemption disparity affecting non-metro cities like Bengaluru, Noida? As Budget 2024 discussions begin, key demands include expanded HRA exemptions for non-metro cities, addressing disparities like those between non-metros like Bengaluru, and Delhi. Experts urge updates to reflect urban gr...
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Traders bet Le Pen will fall short in French second round Traders have predicted Marine Le Pen's National Rally will fall short of a majority in the French parliamentary elections as the value of the euro increased and stocks leapt higher.
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ITR: Last day for filing returns, penalty for missing deadline, and more -- All you need to know ITR Filing: We bring you all the details you need to know to file your annual income tax returns (ITR). Take a look.
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How to protect your credit score? 4 experts answer

livemint.com - 1 Jul 2024 09:42
How to protect your credit score? 4 experts answer Maintaining a good credit score is essential for loan approvals and favorable terms. Experts advise timely payments, monitoring credit reports, managing credit utilization, applying for credit wisely, and reviewing credi...
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BlackRock to Acquire Data Provider Preqin for $3.22 Billion

Wall Street Journal - 1 Jul 2024 08:39
The deal is expected to close before year-end.
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How to withdraw cash from an ATM without using a physical card? Technological advancements have transformed the way we access cash. While cardless ATM withdrawals may not be universally available at every bank yet, they are becoming more widespread.
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No Nvidia in Your Portfolio? 'You're Just Toast'

Wall Street Journal - 1 Jul 2024 08:04
In this year's bull market, there are artificial-intelligence plays like Nvidia--and then there's everything else.
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